Childrens Home Foundation
- Assets
- $175.1m
- Revenue
- $22.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Sioux Falls, SD
- Founding
- 07/1982
- Data as of
- 06/2021
- EIN
- 46-0366277
Organization Overview
Childrens Home Foundation is located in Sioux Falls, SD. The organization was established in 1982. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2021, Childrens Home Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Home Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Childrens Home Foundation generated $22.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $4.1m during the year ending 06/2021. While expenses have increased by 1.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Childrens Home Foundation has awarded 16 individual grants totaling $18,371,872. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES FUNDING FOR THE PROGRAMS OF CHILDREN'S HOME SOCIETY OF SOUTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDREN'S HOME FOUNDATION PROVIDES FUNDING FOR THE PROGRAMS OF CHILDREN'S HOME SOCIETY OF SOUTH DAKOTA. THE FOUNDATION PROVIDED SOCIETY WITH CASH AND IN-KIND CONTRIBUTIONS OF $2,670,895 DURING THE FISCAL YEAR ENDED JUNE 30, 2021. CONTRIBUTIONS OF $23,523 WERE ALSO MADE TO SANFORD'S CHILD ADVOCACY CENTER, CHILD'S VOICE, TO HELP FUND THE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Weber Development Director | Officer | 50 | $135,382 |
Julie Anderson Friesen President | OfficerTrustee | 5 | $0 |
Diana Dufur-Day Vice President | OfficerTrustee | 5 | $0 |
Bob Baker Treasurer | OfficerTrustee | 5 | $0 |
George Twittero Secretary | OfficerTrustee | 5 | $0 |
Greg Blomberg Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $570,168 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,149,193 |
| Noncash contributions included in lines 1a–1f | $533,525 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,719,361 |
| Total Program Service Revenue | $0 |
| Investment income | $2,016,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,387,790 |
| Net Income from Fundraising Events | $72,809 |
| Net Income from Gaming Activities | $8,566 |
| Net Income from Sales of Inventory | $20,052 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,225,226 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,694,418 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $279,254 |
| Compensation of current officers, directors, key employees. | $33,510 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $247,763 |
| Pension plan accruals and contributions | $73,247 |
| Other employee benefits | $37,204 |
| Payroll taxes | $42,449 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $337,537 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $61,550 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,269 |
| Travel | $2,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,939 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,046 |
| Insurance | $2,011 |
| All other expenses | $0 |
| Total functional expenses | $4,094,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,072,427 |
| Pledges and grants receivable | $397,584 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,940 |
| Net Land, buildings, and equipment | $1,099 |
| Investments—publicly traded securities | $163,922,461 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,690,986 |
| Total assets | $175,086,497 |
| Accounts payable and accrued expenses | $129,547 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,970,954 |
| Total liabilities | $5,100,501 |
| Net assets without donor restrictions | $31,775,955 |
| Net assets with donor restrictions | $138,210,041 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $175,086,497 |
Grants Awarded
Over the last fiscal year, Childrens Home Foundation has awarded $2,694,418 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sioux Falls, SD PURPOSE: GENERAL SUPPORT | $2,670,895 |
Sioux Falls, SD PURPOSE: GENERAL SUPPORT | $23,523 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Childrens Home Foundation has recieved totaling $271,066.
| Awarding Organization | Amount |
|---|---|
Verne And Bonnie Anderson Charitable Tr St Louis, MO PURPOSE: GENERAL SUPPORT | $115,832 |
Black Hills Area Community Foundation Rapid City, SD PURPOSE: COMMUNITY WELFARE | $90,716 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $35,000 |
William Alexander And Lisa Beach Memorial Tr Sioux Falls, SD PURPOSE: GENERAL OPERATIONS | $17,518 |
South Dakota Community Foundation Pierre, SD PURPOSE: Community welfare and betterment | $12,000 |
Endowment Analysis
| Beg. Balance | $100,915,683 |
| Earnings | $31,600,418 |
| Net Contributions | $6,531,954 |
| Other Expense | $2,609,784 |
| Ending Balance | $136,438,271 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Homeward Bound Inc Plymouth, MN | $9,682,680 | $20,805,285 |
Discovery Living Inc Cedar Rapids, IA | $11,709,298 | $15,165,116 |
Enable Inc Bismarck, ND | $6,180,570 | $13,372,662 |
Phoenix Residence Inc St Paul, MN | $9,462,501 | $12,129,691 |
Nishna Productions Inc Shenandoah, IA | $11,396,482 | $10,657,459 |
St Lukes Lutheran Care Center Blue Earth, MN | $9,355,318 | $10,279,790 |
Abbott House Inc Mitchell, SD | $12,190,131 | $10,428,171 |
Central Iowa Residential Services Inc Marshalltown, IA | $5,466,699 | $8,641,374 |
Opportunity Matters Inc Sartell, MN | $10,779,962 | $7,848,856 |
A B L E Inc La Crescent, MN | $10,754,285 | $6,799,396 |
Youth Emergency Services Inc Gillette, WY | $4,940,123 | $5,969,767 |
Lakes Home And Program Development Inc Detroit Lakes, MN | $7,132,336 | $6,796,510 |